Veteran actor Burt Reynolds reportedly faces losing his Florida mansion after failing to pay off his mortgage debts. The Smokey and the Bandit star owes almost $1.2 million in payments, dating back to last year, according to a new lawsuit.

Reynolds is reportedly trying to sell the sprawling property for $8.6 million , despite it being valued at just $2.4 million

Now officials at Merrill Lynch Credit Corporation are seeking a court order for the home to be sold, reports Britain’s Daily Mirror.